The results are in. 2016 has set a new record with 2.69 million new cars registered, presenting 2017 as a challenging year. With political uncertainty, Sterling depreciation and the SMMT forecasting a...
Read moreBorn between 1990 and 2000, the Millennial generation also known as Generation Y is smarter, happy to share information and is shaped by technology. Millennials are shaking traditional consumer...
Read moreWeve said it before; it can cost as much as five times more to acquire a new customer than it does to retain an existing one, there is no doubt customer retention must remain a priority. So here are...
Read moreThere is no doubt that were in a generational change in terms of consumer buying habits. The internet and, in particular, mobile access to the internet has revolutionised how people research and...
Read moreWhen you think it can cost as much as five times more to acquire a new customer than it does to retain an existing one, there is no doubt customer retention must remain a focus. This is where your...
Read moreWhen the Financial Conduct Authority (FCA) issued its final word on GAP insurance add-on rules, it gave retailers less than three months to implement the new rules. While there was concern within the...
Read moreIts still fair to say that a lot of retailers view used car warranty simply as a cost rather than as a strategic opportunity. With the right support from your provider, your sales teams should have...
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Read moreSo, the FCAs new rules on GAP insurance are in force. Theyre the culmination of months of market study, consultation and feedback but now theyre finally here. I know some dealers have decided to...
Read moreWe all know the importance of motivating our employees to achieve their potential and to play their part in achieving company goals. When you take a step back, there really are vast numbers of...
Read moreAs we all know the Financial Conduct Authority (FCA) is in the midst of a review into add-on insurance products which is sure to bring about change in one way or another in 2014. Well obviously...
Read moreNo doubt, weve all heard the phrase I was in the right place at the right time. It normally implies an element of good luck or fortune has taken place and that the right outcome just sort of...
Read moreAs I write this article the weather experts are predicting widespread snow across the UK, so who knows what chaos will transpire. Want to read more articles on this website? Sign up for a free trial...
Read moreGiven this is the last edition of Auto Retail Bulletin this year, it seemed appropriate to talk about something that would hopefully demonstrate the positive impact insurance products can have on the...
Read moreIt would be fair to say that over the past few weeks the whole nation has been captivated by the celebration of the Olympic and Paralympic Games in London and the success of the GB teams. However, now...
Read moreI was recently made aware that a new member of our head office team bought a used car shortly before joining the business. It dawned on me that it would be interesting to find out what their buying...
Read more“I use it as a customer give-away”. “It’s a cost to my business”. “It’s all about price”. These are all comments we have heard from auto retailers so...
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